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Source: Live Mint Ambuja Cements Ltd, an Adani Group company, is seeing results from its increased focus on inorganic growth. The company’s consolidated volume grew by 8.4% year-on-year to 14.2 million tonnes (mt) in the September quarter (Q2FY25). This outpaces the industry’s flat growth and sector leader UltraTech Cement Ltd’s 2.7% rise in domestic grey…
Source: Live Mint HeidelbergCement India share price jumped 18% on Monday after a report that Adani Group is in discussions to acquire the company and Zuari Cement from its German parent firm. HeidelbergCement shares spiked as much as 17.95% to ₹257.85 apiece on the BSE. The volumes traded of Heidelberg Cement India shares also jumped…
Source: Business Standard 4 min read Last Updated : Oct 03 2024 | 11:19 AM IST Shares of ITD Cementation India hit a new high of Rs 634, as they surged 18 per cent on the BSE in Thursday’s intra-day trade amid heavy volumes in an otherwise weak market. The stock of the civil construction…
Source: Live Mint Domestic brokerage house Motilal Oswal Financial Services (MOFSL) reaffirmed its ‘buy’ rating on Adani Ports and Special Economic Zone (APSEZ) stock, maintaining a target price of ₹1,850, implying an upside potential of almost 29 per cent. The brokerage cited the company’s strategic positioning and continued investments in port and logistics infrastructure as…
Source: Business Standard 3 min read Last Updated : Sep 20 2024 | 11:33 AM IST Shares of ITD Cementation surged 18 per cent to Rs 558.15 on the BSE in Friday’s intraday trade, aided by heavy volumes, on report that Adani Group is eyeing promoter stake in the company. The stock of the civil…
Source: Live Mint Adani Energy Solutions, part of Adani Group, has had a volatile 2024, with the stock down over 6 percent YTD. In the last one year, it gained just 14.5 percent. Despite this lacklustre performance, brokerage firm Cantor sees potential multibagger returns for the stock. It has initiated a call on the Adani…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. IRCTC: Life Insurance Corporation of India (LIC) has raised its shareholding in Indian Railway Catering and Tourism Corporation (IRCTC) to approximately 9.3 percent, as revealed in a regulatory filing on Thursday. LIC’s stake in the railway sector ‘miniratna’…
Source: Business Standard 4 min read Last Updated : Sep 09 2024 | 7:08 AM IST Stocks to Watch, September 9, 2024: Markets in India were likley to start in the red on Monday as indicated by the GIFT Nifty futures, after the sharp sell-off in the US markets on Friday, when the S&P…
Source: Business Standard Sebi Chairman Buch and her husband have denied the allegations levelled against them as baseless. (Photo: Shutterstock) 3 min read Last Updated : Sep 08 2024 | 1:25 PM IST The Congress on Sunday said the Sebi investigation into “the Adani Group’s brazen attempt” to bypass regulations is still languishing and…
Source: Business Standard Sebi chairperson Madhabi Puri Buch 4 min read Last Updated : Sep 06 2024 | 3:29 PM IST Levelling more conflict of interest allegations against Sebi Chairperson Madhabi Buch, the Congress on Friday claimed that she received rental income from an entity affiliated with a company that the capital markets regulator…
